Employees’ Provident Fund Registration

Provident Fund schemes for the benefit of the employees had been introduced in 1952 called as the Employees Provident Funds Act, 1952 and confer significant social security benefits on employees. The Act is administered by the Government of India through the Employees' Provident Fund Organisation (EPFO). EPFO is one of the largest provident fund institutions in the world in terms of members and volume of financial transactions that it has been carrying on. These schemes taken to provide to the employees an old age and survivorship benefits, a long term protection and security to the employee and after his death to his family members, and timely advances including advances during sickness and for the purchase/ construction of a dwelling house during the period of membership.
According to the Act, registration under epfo is applicable to:
(a) to every establishment which is a factory engaged in any industry specified in Schedule I and in which twenty or more persons are employed; and
(b) to any other establishment employing twenty or more persons or class of such establishments which the Central Government may, by notification in the Official Gazette, specify in this behalf.

At Vyaapaar Salahkaar, PF registration gets easy for you once our experts guides in obtaining such licence.